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Nano Labs' stock price fell 9.61% and plans to apply for a Hong Kong stablecoin license.
On June 23, Nano Labs on the US stock market fell 9.61%, and its market capitalization dropped to 187 million dollars.
Today, the listed company Nano Labs Ltd (stock code: NA) announced that after the "Hong Kong Stablecoin Bill" (hereinafter referred to as the "Stablecoin Bill") officially comes into effect, the company plans to cooperate with other entities to apply for licenses to operate related businesses of Hong Kong Dollar and offshore Renminbi stablecoins.
At the same time, Nano Labs also plans to build a technical framework for stablecoins, focusing on supporting blockchain networks such as Bitcoin and certain trading platforms. Nano Labs looks forward to establishing strategic partnerships to promote the development of the stablecoin ecosystem and the broader Web 3.0 industry.